25 Most Wealthy Presidents

#10 – Horacio Cartes

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Horacio Cartes is a Paraguayan businessman and government official who has total assets of $500 million. Horacio Manuel Cartes Jara was born on July 5, 1956 in Asunción, Paraguay. He is Paraguay’s current president. Cartes possesses many organizations, held under his Grupo Cartes conglomerate, which include soft drinks, tobacco, meat production and banking businesses. From 2001 to 2012, he was also the president of Club Libertad football club. 

Written by Eva Chaudhary

When she’s not on LinkedIn, Eva loves enjoying a fresh glass of wine paired with a good book to read. She prefers the private life and would rather visit The Verge than to go out for dinner. With a background in media studies, Eva’s passion lies in writing and mainly focuses on the technology and business sectors.